( I would assume based on area median rents?)

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

One last tip, make sure the base boards upstairs are not touching the floor, even just 1/8 inch gap is good.  

View report*This link comes directly from our calculators, based on information input by the member who posted.This is my first attempt at making an educated calculation.

Can you explain how you say this based on the IRS publication above?  

Based on what you're describing, I think your going-in criteria is definitely something that is strong *however* your goals may not match what current market reality is.When you say $3200/month payment - do you mean $3200/month before or after accounting for potential future rental income from your tenants in the other units? 

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

And secondly, the quality of your specific portfolio - rents stagnant?

Also, see how they are listed IE staged, phot quality, build quality ect.. 

You are right "real estate goes up", but I'm not going to decide if a deal is good or not based on that general sentiment.